Top 50

Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.

DHL has opened a $12 million, 39,000-square-foot service center facility in Sunnyvale, Calif., a move the company said it made to serve shipping needs of the region’s startups and global technology companies.

The Transport Topics Top 50 Global Freight Carriers is a listing of the largest package, truck, rail, air and ocean carriers in the world.

Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.

Expeditors International of Washington Inc. achieved record profits and net revenue in the third quarter as the Seattle-based air and ocean freight forwarder benefited from lower taxes and kept ahead of rising transportation costs in a tight-capacity market.

Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.